Free Trial

MasterBeef Group (NASDAQ:MB) Short Interest Update

MasterBeef Group logo with Retail/Wholesale background
Image from MarketBeat Media, LLC.

Key Points

  • Short interest plunged by 35.9% in April to 3,295 shares as of April 15, leaving a days-to-cover of 0.4 and effectively 0.0% of shares sold short.
  • Institutional investor Citadel Advisors LLC raised its stake by 27% to 14,612 shares, representing about 0.09% of the company and roughly $125,000 at quarter end.
  • Weiss Ratings reiterated a Sell (D-) on the stock; MB trades near $6.41 with a 52-week range of $3.06–$16.40, indicating persistent bearish analyst sentiment despite recent volume.
  • MarketBeat previews top five stocks to own in May.

MasterBeef Group (NASDAQ:MB - Get Free Report) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 3,295 shares, a drop of 35.9% from the March 31st total of 5,144 shares. Based on an average trading volume of 9,228 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company's shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in MasterBeef Group stock. Citadel Advisors LLC boosted its stake in shares of MasterBeef Group (NASDAQ:MB - Free Report) by 27.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,612 shares of the technology company's stock after buying an additional 3,104 shares during the period. Citadel Advisors LLC owned 0.09% of MasterBeef Group worth $125,000 at the end of the most recent quarter.

MasterBeef Group Price Performance

Shares of MB traded up $0.31 during midday trading on Tuesday, reaching $6.41. 69,279 shares of the stock were exchanged, compared to its average volume of 39,371. MasterBeef Group has a 52 week low of $3.06 and a 52 week high of $16.40. The company's 50 day moving average is $5.73 and its two-hundred day moving average is $6.65.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of MasterBeef Group in a report on Friday, April 10th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of "Sell".

Check Out Our Latest Research Report on MB

MasterBeef Group Company Profile

(Get Free Report)

MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in MasterBeef Group Right Now?

Before you consider MasterBeef Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MasterBeef Group wasn't on the list.

While MasterBeef Group currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply click the link below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines